Wheat price heading for biggest jump in two months as Iran war threatens food insecurity – business live

Rolling coverage of the latest economic and financial newsCuts to overseas aid will worsen shocks to global economy, David Miliband saysCuts to overseas aid by countries including the US and the UK risk stoking global economic instability amid the humanitarian crisis resulting from the Iran war, David Miliband has told my colleague Richard Partington.The former British foreign secretary and head of the International Rescue Committee (IRC) said the US “abandoning” of its aid programme under Donal...